Ireland Investment Manager License

Key Features

A UCITS must appoint an investment manager who manages the investments made by a UCITS. The discretionary investment manager does not need to be located in Ireland and, for the most part, is typically not located in Ireland. Any investment manager (and a discretionary investment adviser) to be appointed by a UCITS must be approved to act as such by the Central Bank. Essentially the Central Bank must be satisfied that the discretionary manager is authorised by an appropriate regulatory authority and is subject to ongoing supervision.

Legal Requirements

Requirements	Description
General
Corporate vehicle permitted	Investment company
Local physical office required	No
Share capital or equivalent
Minimum paid-up capital	EUR 125,000 plus 0.02% of the amount by which net assets exceed EUR 250 million
Directors
Minimum number	3
Corporate directorship allowed	No
Local director required	Minimum of 2 local directors
Shareholder
Minimum number	1
Corporate shareholders allowed	Yes
Local shareholders required	No
Service Providers Required
Company secretary	Yes
Auditors	Yes

Tax Treatment

Authorised Irish funds are tax exempt, except to the extent that they have Irish resident investors.

Transfers of units in Irish funds are exempt from Irish stamp duty.

Duration to Set Up

About 3 weeks

Distinctive Benefits of Licence

Ease and speed of establishment
Favourable tax regime
Globally reputable regulatory environment

The Valsen Advantage

End to end comprehensive service
Speedy and efficient service
Expert advice on structuring options
Dedicated ongoing compliance support
Extensive network pool of service providers

Ireland Investment Manager License

Ireland Offering